If firms in oligopoly make less than monopolistic even though they invest more money to run the business, why would they choose to be an oligopoly, not monopolistic?

Q: What are monopolies and oligopolies? How do they tend to differ from businesses in a market where…

A: Both monopolies and oligopolies are the imperfectly competitive markets. The monopolies are a market…

Q: Agriculture, or farming, is a decent example of which type of economic market? a. oligopoly b.…

A: Agriculture or farming is mostly considered as perfectly competitive market because homogeneous…

Q: monopolist

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Do you think Netflix is under the market structure - Oligopoly? Why

A: Market structure refers to the different characteristics of the markets Characteristics of  markets:…

Q: Which industry(ies) would be indicative of an oligopoly market structure? Check all that apply.…

A: Oligopoly are the those industry which are faced low competition. These industries are low in…

Q: a. In an ollgopoly, the price effect is: the Increase in price from lowering the quantity sold. the…

A: An oligopoly is a market portrayed by few firms who acknowledge they are associated in their valuing…

Q: This chapter discusses companies that are oligopolists in the market for the goods they sell. Many…

A: The market structure when there are a small number of firms who tend to be interdependent in pricing…

Q: This chapter discusses companies that are oligopolists in the market for the goods they sell. Many…

A: a) Sellers are the oligopolists and as they try to increase the price of the good that they are…

Q: Why Cooperation in the oligopoly (cartel) market cannot last long, what are the causes?

A: A cartel is characterized collectively of firms that social gather to settle on result and value…

Q: When 40%<CR4<60%. a. effective competitive b. tight oligopoly c. effective monopoly d. loose…

A: The concentration ratio reflects whether an industry is made up of a few giant companies or a large…

Q: Q2) Will the firms in oligopoly act more like monopoly · competitors. explain or

A: Microeconomics studies the economic behavior of individual units such as a market, a firm, a…

Q: PLEASE ANSWER ASAP How do you differentiate Oligopoly from a Monopoly? And how can an oligopoly…

A: A monopoly occurs when one seller serves the entire market with no competition, whereas a…

Q: Explain the features of Oligopoly and cartels using suitable example.

A: An Oligopolistic market is a structure where two or more firms have complete control of the market.…

Q: What are the Characteristics of a Monopolistic Competition Market?   What are the Characteristics of…

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: Why does price leadership sometimes evolve in oligopolistic markets?

A: Price leadership refers to the competiton among firms to get some control over market price and…

Q: Explain why an industry with economies of scale for larger firms tends to be an oligopoly. Why don't…

A: The cost advantages which is  reaped by companies when production becomes efficient is known as…

Q: why is Commercial air travel an example of oligopoly

A: Oligopoly:  In oligopoly there are only few number of sellers in the market. It maximize its profit.…

Q: Are monopolistically competitive firms likely to earn economic profits in the long run? Are…

A: Monopolistic competition is a market structure where large number of sellers exist in the market and…

Q: Explain why firms operating in monopolistically competitive markets probably  will not earn an…

A: Monopolistic competition refers to the situation where there are many firms exists in the market.…

Q: This chapter discusses companies that are oligopolists in the market for the goods they sell. Many…

A: Oligopoly market: The oligopoly market is the market structure where the small number of sellers…

Q: What characterizes a market structure known as Oligopoly?  How does Oligopoly is both similar to…

A: An oligopoly could be a market with a little number of enterprises that recognize their pricing and…

Q: Why is an oligopoly market the most common one

A: An oligopoly is a market structure in which a small number of large sellers dominate a market or…

Q: Give an example of a good or commodity that is intangible and explain why it is so. -Who are the…

A: An oligopoly is a market with a small number of enterprises that recognise their pricing and output…

Q: Explain oligopoly?

A: There are different types of market structures identified on the basis of information available,…

Q: What is Oligopolistic Market Structure? Examples from Developed Countries

A: In economics, market structure refers to how different industries are classed and distinguished…

Q: What is cartel in oligopoly?

A: An oligopoly is a market arrangement in which a small number of enterprises can exert significant…

Q: When there are only TWO (2) producers within an industry, this situation is called a/an…

A: A monopoly is the sole producer of a good.

Q: How are oligopoly and monopolistic competition alike? How are they different?

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: How many real industries can you name that are oligopolies? How many operate under monopolistic…

A: Oligopoly is a market structure in which only a few firms dominates the market. Oligopolistic…

Q: How is an oligopoly market different from monopolistically competitive market in respect of price…

A: In oligopoly, there are lesser number of firms and they own large shares of the market, whereas in…

Q: In market structures, what are the roles of perfect competition, monopolistic competition,…

A: A market structure helps in differentiating the industries or firms on the basis of certain…

Q: Between Monopolistic competition and Oligopoly, which do you think is better in an economy? Why?

A: Under oligopoly, there are some sellers and a large number of buyers can be seen while the decisions…

Q: WHAT IS THE DIFFERENCE BETWEEN MONOPOLY AND OLIGOPOLY? PROVIDE EXAMPLES.

A: Thank you for the question. As per BNED we can answer 1 question per session in case of multiple…

Q: Who was one who developed duopoly model in the economics??

A: According to the given question In simple words we can say that a duopoly model is an model which…

Q: What are three sources of oligopolies?

A: Oligopoly market is one where fewer number of firms capture the whole market and these firms ar…

Q: What is Oligopoly Competition market structure – its main features

A: In Oligopoly market structure in this a type of market structure with only in a few sèller  (but…

Q: An oligopoly is a market structure in which only a few sellers produce similar or identical…

A: Oligopoly is a market structure with a small number of firms, none of which can keep the others from…

Q: In an oligopoly, the firm tha has the largest market share will also be the leader. True or False?…

A: The markets in the economy work upon the basis of the forces of supply, and demand. In these…

Q: What are businesses or industries in the Philippines are examples of oligopoly

A: Microeconomics is a subpart of economics that is used to understand how production, consumption and…

Q: Will the firms in an oligopoly act more like a monopoly or more like competitors?

A: Oligopoly is a market structure refers to the situation in which few firms enjoy the whole market…

Q: Discuss why a producer in an oligopolist market ("few" competitors) will pay closer attention to…

A: Market structure- It is the degree and nature of competition in the market for goods and services.

Q: Can excess profit be earned in an oligopoly?

A: Oligopoly is a market structure in which few sellers operate in the market.

Q: A study shows that the 4 largest firms in the auto industry in the US produce 70% or more of the…

A: Bertrand model of oligopoly explains how firms in an oligopoly where each firm in oligopoly choose…